Arcus Acquires Strategic Brands
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Ratos AB (publ), Drottninggatan 2 Box 1661 SE-111 96 Stockholm Org nr/Corp. Id. no. SE 556008-3585 Tel +46 8 700 17 00 Fax +46 8 10 25 59 www.ratos.se PRESS RELEASE 18 December 2008 This information is disclosed in accordance with the Securities Markets Act, the Financial Instruments Trading Act or demands made in the exchange rules. Arcus acquires strategic brands Ratos’s subsidiary Arcus has concluded an agreement with Pernod Ricard to acquire the brands Grönstedts Cognac, Star Gin, Red Port and Dry Anis. Arcus Gruppen is Norway’s leading wine and spirits supplier. The company was formed in 1996 on the initiative of the Norwegian government and privatised in 2001. The group’s best-known brands include Linie Aquavit, Braastad Cognac, Vikingfjord Vodka, Hammer Gin and Upper Ten Whisky. The Swedish wine agency Vingruppen was acquired at the end of 2006. The number of employees is approximately 460. “Acquisition of these four brands will give Arcus Gruppen a stronger presence in Sweden as well as an opportunity to grow in Finland. The deal will also generate significant synergy gains in the Norwegian product portfolio,” says Arcus Gruppen’s CEO Jan Tore Føsund. The four brands are market leaders in their respective product areas and had combined sales of approximately SEK 54m in 2007. The deal will provide Arcus Gruppen with significant additional earnings. “It is positive that Arcus has this opportunity to acquire these four strategic brands which fit in very well with our efforts to build a Nordic platform within wine and spirits,” says Leif Johansson, Investment Director Ratos. The acquisition of Grönstedts Cognac, Star Gin, Red Port and Dry Anis is subject to approval from the relevant competition authorities including approval by the European Commission, according to its decision dated 17 July 2008. Ratos will not provide any capital in conjunction with the acquisition. Ratos’s holding in Arcus Gruppen amounts to 83%. For further information, please contact: Arne Karlsson, CEO Ratos, +46 8 700 17 00 Jan Tore Føsund, CEO Arcus Gruppen, +47 22 97 55 00 Clara Bolinder-Lundberg, Head of Corporate Communications Ratos, +46 8 700 17 63 Financial calendar from Ratos: Year-End Report 2008 19 February 2009 Annual General Meeting 2009 2 April 2009 Interim Report January – March 2009 7 May 2009 Interim Report January – June 2009 20 August 2009 Interim Report January – September 2009 5 November 2009 Ratos is a listed private equity company. The business concept is to maximise shareholder value over time by investing in, developing and divesting primarily unlisted companies. Ratos offers investors a unique investment opportunity. Ratos’s equity is approximately SEK 11 billion and has a market capitalisation of approximately SEK 23 billion. Ratos’s holdings include AH Industries, Anticimex, Arcus Gruppen, Bisnode, Camfil, Contex, DIAB, EuroMaint, GS-Hydro, Haglöfs, HL Display, Inwido, Jøtul, Lindab, MCC, Medisize, Scandinavian Business Seating, Superfos and Other holdings. .